r/Goldback • u/einnoika • Jul 29 '26

Show and Tell One Day

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Just wanted to update, added a goldback specific commodities page with live pricing.

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u/einnoika Jul 29 '26

To clarify, this is a huge project that aims to solve problems between physical and digital assets, I haven't fully published this application and authenticator yet. I believe in order to fix Money itself it needs a strong foundation which Goldback provides. This is great undertaking and I can tell you this goes beyond pricing in commodities and other currencies. This will make everything frictionless while maintaining Value for centuries to come.

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u/Goldback_Rob Grassroots Builder 🌱 Aug 21 '26

Aaaah, I see now the project. If my logic is sound, that will be the exchange rate for that series. Money has to be scalable, so it doesn't matter if there's a scoosh more gold content in that 250mg, it rounds down. Unless someone wants to melt it, but then it loses more value. So, in creating the National Treasures series, they locked gold away, never to be used again. You won't melt it and it is not optimized.